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New National Minimum Wage Requirements applicable from April 2018 As you may already be aware that every April new hourly rates are applicable for the National Living Wage, applicable to persons aged 25 and above and the National Minimum Wage, applicable to persons to school leaving age. Following are the detail of the changes to

New deemed domicile rules for inheritance tax Date: 07/02/2018 HMRC has published a guidance detailing new deemed domicile rules for inheritance tax (IHT). The new rules will apply from 6 April 2017. Guidance also include changes to the number of years of residence needed in the UK for deemed domicile rules to apply and the

Canada plans to introduce tax on cannabis Date: 30/10/2017 According to a recently released report from Marijuana Business Daily titled “Marijuana Business Factbook 2017,” the U.S. legal cannabis industry is expected to grow by about 30% in 2017, 45% the following year, and an aggregate of 300% between 2016 and 2021. Overall, we’re talking about

CAN GOVERNMENT POLICY ON THE UK PROPERTY MARKET DAMAGE THE ECONOMY? Date: 30/10/2017 CAN GOVERNMENT POLICY ON THE UK PROPERTY MARKET DAMAGE THE ECONOMY? By Godwin OkriIt has long been a settled argument amongst free-market economists that a liberated market is a flourishing market. This is why some economists wince each time they read about

Job Opportunity Date: 18/06/2014 One of our clients is looking for a friendly, positive and approachable Shop Manager for Leeds branch of a big nationwide franchise of cakes and related items. Main Duties: To manage the day-to-day provision of cake designs and to exceed customers’ expectations. To develop the business and sales opportunities where possible.

Non-residents and UK Properties Date: 10/02/2014 Capital Gain Tax (CGT) will be charged on future gains realised by non-residents on the sale of their residential property in the UK. It has long been an anomaly that a non-resident pays no CGT on UK assets. A consultation document will be published on how best to introduce

Do you know how to cash your £2000 Employment Allowance? Date: 19/04/2014 Have you recently received a letter from Prime Minister, David Cameron, giving you a good news about Employment Allowance of £2000.  Prime Minister wrote that from 6 April 2014, almost all UK employers can reduce the amount of National Insurance contributions (NICs) they

Inheritance Tax in a Nutshell Date: 05/03/2014 The two unavoidable certainties, i.e. death and taxes, will inevitably come together one day. But you can possibly avoid but definitely reduce the inheritance tax with proper planning.  Inheritance tax is often referred to as the ‘voluntary tax’, being easily reducible. Here is a small list of helpful

Missed the Tax Return Deadline? Don’t Panic Date: 25/02/2014 There are 10 million self-assessment taxpayers in the UK and most of them have submitted their returns on time i.e. on 31 January 2014. There are still over one million returns left to be filed. If yours is one of them, don’t panic. Although you might

Tax Return Deadline is Fast Approaching Date: 25/01/2014 Deadline to file your tax return is fast approaching- why wait till last minute to file your return and risk late filing fee or penalties. Penalties: 1: You will be charged a penalty, even if you do not owe any tax. 2: If you miss the filing